Browne Academy

EIN: 232261841 501(c)(3)

Alexandria, VA

Total Revenue
$8,378,558
Total Expenses
$8,792,907
Total Assets
$9,865,437
Net Assets
$2,529,899
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
VA
Principal Officer
Peggy Otey
Phone
7039603000
Tax Period
2024-09-01 to 2025-08-31

BSI INC, founded in 1984, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2018.

Mission

The Academy is a pre-kindergarten through grade eight independent school preparing girls and boys in the metropolitan Washington, DC area for competitive secondary schools. The Academy is a diverse independent day school committed to developing the whole child.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $538,856
Program Service Revenue $7,776,757
Investment Income $49,301
Other Revenue $13,644
TOTAL REVENUE $8,378,558

Expense Breakdown

Grants Paid $313,028
Salaries & Benefits $6,025,283
Fundraising Expenses $313,514
Program Expenses $7,715,512
Other Expenses $2,454,596
TOTAL EXPENSES $8,792,907

Year-over-Year Comparison

2024 2023 Change
Revenue $8,378,558 $7,901,152 +0.1%
Expenses $8,792,907 $8,372,051 +0.1%
Net Income $-414,349 $-470,899 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
15
Independent Members
15
Employees
157
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$631,743
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peggy Otey President/Head of School 50.00
Officer
$335,791 $58,990 $394,781
Kenneth Marter CFO/Treasurer 50.00
Officer
$151,644 $18,838 $170,482
Mike Sasso Director of Advancement & Institutional Growth 40.00
Highest
$123,947 $7,361 $131,308
Steve Marshall Dir of Admissions 40.00
Highest
$105,427 $14,045 $119,472
Kim McCue Assoc Head of School 40.00
Highest
$104,689 $22,849 $127,538
Dora Edge Secretary/Executive Assistant 1.00
Officer
$58,039 $8,441 $66,480
Rudy Brioche Trustee 1.00
Director
$0 $0 $0
Joan DeBoer Trustee 1.00
Director
$0 $0 $0
Patricia M St George Trustee 1.00
Director
$0 $0 $0
Marija Zivanovic-Smith Trustee 1.00
Director
$0 $0 $0
Cecelia Prewett Trustee 1.00
Director
$0 $0 $0
Julia Ebron Trustee 1.00
Director
$0 $0 $0
Roslyn Brooks Trustee 1.00
Director
$0 $0 $0
Valerie Hardy Trustee 1.00
Director
$0 $0 $0
Ashley Saville Trustee 1.00
Director
$0 $0 $0
John Nash Trustee 1.00
Director
$0 $0 $0
Raven White Trustee 1.00
Director
$0 $0 $0
Joseph King Trustee 1.00
Director
$0 $0 $0
Jimm Spannagel Trustee 1.00
Director
$0 $0 $0
Dawn Biggins Chair 1.00
Officer Director
$0 $0 $0
Charles Platt Vice Chair 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $8,378,558 $8,792,907 $9,865,437 $-414,349
2024 $7,901,152 $8,372,051 $10,918,326 $-470,899
2023 $9,807,268 $8,927,475 $11,183,860 $879,793
2022 $9,824,282 $9,196,298 $10,406,201 $627,984
2021 $8,503,997 $8,388,885 $10,717,747 $115,112
2020 $7,215,071 $8,341,053 $9,567,337 $-1,125,982
2019 $7,223,241 $7,941,268 $10,069,073 $-718,027
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